COVID-19 has not been the only external factor affecting manufacturers over recent years. The shift in the economic climate has prompted more manufacturers to look at technology to improve their processing and efficiencies to increase their bottom line.
Advanced, one the UK’s leading providers of ERP (enterprise resource management) and MRP (material requirements planning) software, along with their Business Partner of the Year and PPMA member, HBP Systems, are running a FREE “Profit Clinic” webinar at 11am on Wednesday, 24 June 2020, to share experiences and examples from manufacturers who have used technology to enhance their own profitability.
Phil Denham, Commercial Director at HBP, said: “Since the outbreak of COVID-19, we have actually seen more business invest in their internal systems than ever before. In some cases, manufacturers have been so busy that they have needed better tools to understand exactly where their profits are coming from and where their costs are out of control. On the other hand, businesses that have been quieter have used this as an opportunity to review their processes and ensure that they return after COVID-19 as strong as possible.”
For some manufacturers, the first move to an MRP system can be daunting, but HBP Systems has seen many businesses make that first step and achieve great results.
“It’s pretty common for information to be housed on a spreadsheet, worksheets or, in many cases, not recorded at all, added Denham. “When information about product sales, stock levels, product profitability, production scheduling and sales forecasts is made available, it can change the way a business operates – for the better.”
To register for the Profit Clinic webinar on 24 June (11am), please click here.
Alternatively, for more information on HBP Systems, visit: www.hbpsystems.co.uk